When the market goes down, even relatively strong fundamental stocks go down. Especially those that are near their highs.

Using CUE Sonar real-time search, you could find a technical Go With Flow trend following short setup in the daily chart in BX.

Valuation is medium. Earnings growth and dividend are not weak. The industry is relatively strong. However, it is still down (very few industries are up today).

Several Financial industries are up today. But BX's industry, Asset Management & Custody Banks, is not one of them. CUE Scorecard shows that 75% of the stocks in this industry are down today. Average drop is by about 1%. BX is now down by more than -3%.

The Fine Tune 5 Min CUE chart markings show that it gave a Gap Short setup near open and also, priced opened below Memory support. You could short at point 1 and put the stop at point 2 (Early Range High). It has covered more than risk distance by now. And day traders could book partial profit.

BX is therefore giving/gave a swing short as well as day trade short opportunity that could be taken easily using CUE Sonar program.

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Superior Profit Way of Investing Profitably

Using simple and unambiguous rules to enter trades. Booking profit at pre-defined price levels. Sharing trades with Community.
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